Electric Vehicles Industry News

A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

reuters.com - Subrat Patnaik - Tesla gets order for 100,000 vehicles as Hertz converts to electric rental cars
Tesla gets order for 100,000 vehicles as Hertz converts to electric rental cars
Reuters

Oct 25 (Reuters) - Hertz on Monday announced an order of 100,000 Tesla Inc (TSLA.O) cars, taking a step toward changing its fleet to electric vehicles just months after emerging from bankruptcy. Tesla stock was up 4.3% and was set to open at a…

cnbc.com - Samantha Subin - Tesla shares rise after Hertz says it will buy 100,000 electric vehicles
Tesla shares rise after Hertz says it will buy 100,000 electric vehicles
CNBC

Tesla shares are up more than 4% pre-market, following news that Hertz would order 100,000 vehicles to build an elective vehicle rental fleet. News of the deal brought Tesla's stock to a record $949 pre-market, a new record-high just days after the…

npr.org - Camila Domonoske - Hertz will buy 100,000 Teslas, marking a big bet on electric vehicles in rental cars
Hertz will buy 100,000 Teslas, marking a big bet on electric vehicles in rental cars
NPR.org

The car-rental giant Hertz is making an audacious bet on electric vehicles, purchasing 100,000 battery-powered vehicles from Tesla. By the end of next year, electric vehicles would make up more than 20% of Hertz's global fleet. That's a huge…

businessinsider.com - Mark Matousek - Meet 13 power players of the electric-vehicle industry, from leading companies like Tesla, Rivian, and QuantumScape
Meet 13 power players of the electric-vehicle industry, from leading companies like Tesla, Rivian, and QuantumScape
Business Insider

The auto industry's switch to electric vehicles is gaining momentum. Everyone knows Elon Musk, but it takes many all-stars to effect this kind of revolution. Executives from companies like Tesla, Rivian, and QuantumScape made the final list. The…

usnews.com - 6 Electric Vehicle Stocks to Rival Tesla
6 Electric Vehicle Stocks to Rival Tesla
U.S. News & World Report

Six upstart electric vehicle companies to watch. The biggest name in electric vehicles keeps getting bigger. On the heels of its 2020 induction into the S&P 500, Tesla (ticker: TSLA) is up nearly 30% year to date. But in late September, Cathie…

independent.co.uk - Simon Calder - Electric cars 'better' for the climate than public transport, claims BBC quiz
Electric cars 'better' for the climate than public transport, claims BBC quiz
The Independent

As a new low-carbon train operator begins a link from London to Edinburgh, the BBC has urged travellers to forsake public transport in favour of electric cars. In a quiz posted online ahead of the Cop26 climate summit in Glasgow, readers are…

forbes.com - Jonathan Ponciano - Tesla Stock Hits Record High After Hertz Places Biggest Electric Vehicle Order Ever
Tesla Stock Hits Record High After Hertz Places Biggest Electric Vehicle Order Ever
Forbes

Shares of Tesla skyrocketed past an all-time closing high Monday morning after reports that Hertz placed an order to buy 100,000 cars as the recently bankrupt car-rental company embraces the booming electric-vehicle market in a bid to turn around…

oregonlive.com - The Associated Press - Tesla becomes a $1 trillion company after Hertz orders 100,000 electric cars
Tesla becomes a $1 trillion company after Hertz orders 100,000 electric cars
oregonlive

DETROIT — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The news…

usatoday.com - Nathan Bomey, USA TODAY - Hertz to buy 100,000 Teslas as rental car company pivots toward electric vehicles
Hertz to buy 100,000 Teslas as rental car company pivots toward electric vehicles
USA TODAY

Having survived a brush with death, Hertz is aiming for an electric rebirth. The rental car company, which filed for Chapter 11 bankruptcy protection early in the pandemic, announced Monday that it plans to buy 100,000 cars from Tesla by the end of…

abcnews.go.com - Catherine Thorbecke - Customers can soon rent a Tesla at Hertz after company orders 100,000 electric vehicles
Customers can soon rent a Tesla at Hertz after company orders 100,000 electric vehicles
ABC News

Rental car giant Hertz announced it was buying 100,000 Tesla electric vehicles that will be available to customers starting next month. Tesla stock soared on news of the massive order, and its market cap hit the $1 trillion milestone during…

forbes.com - Jonathan Ponciano - Tesla Eclipses $1 Trillion In Market Value After Hertz Places Biggest Electric Vehicle Order Ever
Tesla Eclipses $1 Trillion In Market Value After Hertz Places Biggest Electric Vehicle Order Ever
Forbes

Shares of Tesla skyrocketed to a new all-time high Monday after recently bankrupt Hertz announced it placed the company's biggest order ever, buying 100,000 Tesla cars in a bid to turn around its ailing car-rental business. Tesla stock climbed more…

qz.com - Ananya Bhattacharya - Tesla's Model 3 is the first electric car-and first foreign car-to top Europe's sales charts
Tesla's Model 3 is the first electric car-and first foreign car-to top Europe's sales charts
Quartz

Tesla is filling Europe's roads with electric cars. In September, the Texas-headquartered company sold nearly 24,600 units of the Tesla Model 3 across Europe to become the region's top-selling car, according to data collated by JATO Dynamics.

adweek.com - Brittaney Kiefer - Electric Car Brand Polestar Calls on Sector to Tell the Truth About Environmental Impact
Electric Car Brand Polestar Calls on Sector to Tell the Truth About Environmental Impact
Adweek

In the run-up to COP26, the United Nations' Climate Change Conference taking place in Glasgow from Oct. 31 to Nov. 12, numerous brands have been boasting of their environmental efforts and credentials. So it is unusual to hear the boss of an…

suntimes.com - Nathan Bomey | USA Today - Hertz to buy 100,000 Tesla cars in a move to electric vehicles; first EV rentals available in November
Hertz to buy 100,000 Tesla cars in a move to electric vehicles; first EV rentals available in November
Chicago Sun-Times

Hertz, which filed for Chapter 11 bankruptcy protection early in the COVID-19 pandemic, says it plans to buy 100,000 cars from Tesla by the end of 2022 in a shift toward electric vehicles. That matches the 100,000 electric vans that Amazon has…

axios.com - Jacob Knutson - Hertz to buy 100,000 electric vehicles from Tesla
Hertz to buy 100,000 electric vehicles from Tesla
Axios

Car rental company Hertz announced Monday it will purchase 100,000 Tesla Model 3s by the end of 2o22 and install thousands of chargers across the United States as part of the company's turn toward electric vehicles. Why it matters: It's a major…

Receive a Daily briefing on Electric Vehicles Industry News